Data Management Insight Data Quality The latest content from across the platform

Opinion: Risk Management Nirvana Comes Together in the Form of Real-time

By Dale Stevens, business development director for Capital Markets at SAS UK The case for real-time risk management was made clear in report published by Lepus earlier this week. The report is based on interviews with senior representatives from four global banks and two independent consultants with extensive past experience in the field of risk….

EIOPA Publishes XBRL Template and Taxonomy Proposals for Solvency II Quantitative Reporting

The European Insurance and Occupational Pensions Authority (EIOPA), one of the three industry focused, European level bodies that was created at the start if the year (see more on which here), has released its proposals for XBRL-based templates and a new taxonomy to be used when sending quantitative reports to the regulator as part of…

Unifying Data for the End-User

The data that traders, researchers and risk managers need is often located across many systems. While ETL, middle-ware and traditional golden copy approaches are useful for data management, they don’t provide the business user with an easy way of analyzing this distributed data, says Xenomorph in its new white paper “TimeScape Data Unification”. A key…

New Headquarters For Exchange Data International

Exchange Data International (EDI), a provider of securities corporate actions and reference data, today moves its headquarters from Hatton Garden, London’s diamond merchant area, to vibrant Old Street, now home to Britain’s IT industry. EDI’s new address is Churchill House, 5th floor, 142-146 Old Street, London EC1V 9BW. It occupies an excellent location in the…

One Client Has Moved from 24% to 100% Data Quality Compliance via Omgeo’s SI Compliance Scan, Says Meenaghan

Omgeo has this month launched new functionality for its settlement and account instruction (SSI) database (see the release here) that Bill Meenaghan, global product manager for the vendor’s Alert platform, claims has allowed one client to move from 24% to 100% data quality compliance within a matter of weeks. The SI Compliance Scan functionality is…

Omgeo Launches New Omgeo ALERT Capabilities to Drive Settlement Instruction Data Quality

Omgeo, the global standard for post-trade efficiency, today announced the availability of new Omgeo ALERT functionality, SI Compliance Scan. Omgeo ALERT is the world’s largest and most compliant web-based global database for the maintenance and communication of settlement and account instructions (SI). With this new functionality, users can measure the quality of SI data by…

US SEC: XBRL for Financial Statements

The Securities and Exchange Commission has adopted rules requiring companies to provide financial statement information in XBRL (eXtensible Business Reporting Language) to improve the information’s usefulness. This is an overview for companies that are required to begin submitting XBRL data during 2011 and summarises some of the main process issues, lessons learned to date and…

Hudson Bay Capital’s Black Discusses Bloomberg Vault Implementation, Cost Saving Benefits of Cloud-Based Data Storage

The expanded registration requirements under Dodd Frank for firms that once fell under exemptions have resulted in many more firms being compelled to invest in data storage solutions in order to ease the data retrieval process and keep costs down. One such firm is buy side firm Hudson Bay Capital Management, which has recently rolled out…

Sifma Led Financial Association Coalition Provides OFR with a Wish List for the LEI, Sets 30 May Deadline

The 13 strong, Sifma led coalition of industry associations involved in providing feedback to the regulatory community regarding the establishment of a new global legal entity identification standard (see coverage of its establishment here) has finally produced its comprehensive list of requirements for the ID. The group has also set a deadline of the end…

CFTC Proposes New Swap Data Recordkeeping and Reporting Requirements for Pre-Enactment and Transition Swaps

In line with the Dodd Frank Act’s crackdown on the derivatives markets, the Commodity Futures Trading Commission (CFTC) has proposed rules establishing swap data recordkeeping and reporting requirements for counterparties to pre-enactment swaps (those executed prior to enactment of the Dodd Frank Act) and transition swaps (those entered into between the enactment date and the…